Showing 1 - 9 of 9
productive. The formers’ convergence could therefore constitute an important part of productivity growth at the macroeconomic … level. This article sheds light on this convergence process in the 1990s and the 2000s in France and on some of the factors … which can explain it. Productivity convergence was stronger for labour productivity than for total factor productivity. But …
Persistent link: https://www.econbiz.de/10010744856
In this paper, we develop an endogenous growth model that combines structural change with repeated product improvements. There are two sectors in the present paper, one is traditional sector, and the other is modern sector. The technological progress in the traditional sector takes the form of...
Persistent link: https://www.econbiz.de/10009365198
This paper explores the role of knowledge flows and TFP growth by using direct survey data on knowledge flows linked to firm-level TFP growth data. Our knowledge flow data correspond to the kind of information flows often argued, especially by policy-makers, as important, such as within the...
Persistent link: https://www.econbiz.de/10011071306
We survey the micro and macro literature on the impact of Information and Communication Technologies (ICTs) on productivity. The “Solow Paradox” of the absence of an impact of ICT on productivity no longer holds, if it ever did. Both growth accounting and econometric evidence suggest an...
Persistent link: https://www.econbiz.de/10011071487
Optimal production decisions depend on local market characteristics. This paper develops a model to explain firm labor demand and firm density across regions. Firms vary in their technology to combine imperfectly substitutable worker types, and locate across regions with distinct distributions...
Persistent link: https://www.econbiz.de/10010746456
The fiscal stimulus of almost $10b over four years will result in an extra 10,000 jobs in the short run, but it will reduce future consumption by $160 per person per year. We can spend now, but we have to pay for it eventually. The Government faces a real juggling act in its forthcoming Budget...
Persistent link: https://www.econbiz.de/10009363981
The aftermath of the global financial crisis of 2007–2009 has called the export-led growth model of Asian economies into question. This paper describes the contribution that macroeconomic policy can make to promote a rebalancing of growth away from dependence on exports to...
Persistent link: https://www.econbiz.de/10011278107
The aftermath of the global financial crisis of 2007–2009 has called the export-led growth model of Asian economies into question. This paper describes the contribution that macroeconomic policy can make to promote a rebalancing of growth away from dependence on exports to...
Persistent link: https://www.econbiz.de/10011278160
The aftermath of the global financial crisis of 2007–2009 has called the export-led growth model of Asian economies into question. This paper describes the contribution that macroeconomic policy can make to promote a rebalancing of growth away from dependence on exports to...
Persistent link: https://www.econbiz.de/10011278217